Bubble trouble…

 

WASHINGTON (MarketWatch) — The U.S. economy will fall perilously close to recession in the next year, but will probably continue to grow at a very slow pace, according to the latest UCLA Anderson Forecast released Wednesday.

Strong growth in exports and business investment should be enough to avoid a “classic recession,” said economists at the UCLA Anderson School of Management.”

 

More at Market Watch. Apparently, the Anderson school was one of the few to predict the 2001 recession, so this should be less of a sheep-entrail reading than the average bunch of economic soothsayers produces.

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *